Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-11-30
The Time Has Come to Give
it q Boom.
Permanent Prosperity Of the
City Assured.
Advancing Copper Prices In
sure Mining Activity.
Efforts Begun to Effect Set
Elements of Titles.
Real Estate Mems Opinion of
the Market.

One OF the first pecnliarities OF Butte
that sttik. all new Corners is the remarka-
III, low price Of real estate. Though the
city is rompactly built on n OF the small
est town>ircs in Montana-a tract III LOO
acres only-she records show frequent
transfers Of lots within its boundaries at
the ridiculously low figures OF from $50 to
5000 each. At presens there is every indi-
cation that from this time forward Butte
will erjoy the greatest boom OF any camp
in the United States. The recent advance
in the pre-, Of copper will add many mil
lions to the value OF the output next
wear: hundreds Of additional miners are
fi ding employment many strikes al larS
bodies Of rich silver ore in the vicinity havs
been made within the laet two months;
tue ctpaciti.s ui all the mills and reduc'
ton works ar" being lhcte 'sed, ahd
thr enormous Few works at anacnrda VIZ
h. ~a, g. for business within a few setks.
ma r,!:it'.r- 10 thG Gorcos on -t:r i;ins@
ar. 6 al ers means thst several hurcie
thr.> iis o. Il. .!iars more per month tnHh
at present W Ii b. put in circulation Ia tit
eh. ~. OF wages. Mt to speak OF th- Vas
additional! feceI,NSt III tuc 'u'Hiuk OIL o'h'''
iny companies. In no other camp IN the
world will SO much wealth lie
ACTUALLY CREATED AND DISTRIBUTED
through the channels OF trade as in Butte
aud its suburbs. This Is no mere gu IS
work at What il to be: Their, is no tempo
rary mining excitement that will Gle out
with IN adverse turn Of The market. 1t hat
been proved beyond question that II thr
price OF copper does not ia fatpre remair
Ij.her than it has Tor the last " "" re-.
the {. mand will exceed the supply. which
las been almost exhausted under the ~.
cen, lo~ raj s. Prices are now finding Their
level. and that level is sufficiently
high 10 keep all the miues and mill,
Of this Ca mp running to their full capacity;
ard even 4 prices did faN back to the old
fp,res. the low freights and cheap supplies
guarantee I by the rapid extension Of tae
various railroad ey stems throughout Mon
taxa will enable the miners to sill produce
al IL rroiit. Ii there is any city in the
Wet viii. a NOR. s~uh-taotial basis Tor 4
brill an, iurure than il eujoyed by Butte.
it Z, mains tn DE heard from, and yet there
are few villages. not to speak Of cities, that
do mt show greater activity in real estate
than j, visible here. In the matter OF val
uer,
HERE il A COMPARISON.
In Butte q man can buy a residence lot
within IL quarter OF Il mile 81 the business
center f., $50 or S73. Iu Helena, with
mt muul, more than half the population
oil Butte. it i- necessary to 60 about a mile
out to Fl, Il Il LIT rs cheap as $1OO. In
Great Falls, with LIS rhan 1,UOU souls,
tho chsapest lot to lie found
in til. immense tow,s''c O.
several sections il $500, while residence
lots. within II reasonable distance at the
postn tic., are held ut from Ssu0 to s..
1t is clear that there are no fictitious valus b
in Butte, and those who are Sd fortunate
as t." own real estate here cannot lose on
it. The prices must 60 higher, and there Is
room for Il tremendous advance. II We
ask what il TIE reason OF the Il i Condition
OF the real estate market. in snch striking
contract with the abundant evide,. ces Of
prosperity, otherwise we are told that there
is "A aant Of C ,nfidence in titles. Th- city
ia built on top OF a bunch OF mining
claims, and there are disputes
over the titles to u lumber OF val.
uabls ,ts. Laet evening a reporter "f
THE MINER st OUT 10 get aorne informa-
ton ON this point. Hs called up,n a
prominent real estate frm and asked them
about il. lie Was answered ms IOilnw.:
"rhrre is no & '"d reason Why Butte stiouli
not nave a re Il estate boom OF the biggest
kind. l. is true that many people believe
the titles arc ,lOuJed. and that has n
dampaning ri ct on the market; but II the
fncts We e known there would he M hesita
tion in investing IT, Bate property, lori in ali
Int a very small percentdge II the lots, the
titles have
LONG SINCE BEE SETTLED,
and are as clear as the Government can
make them. This 10 the case with at least
niuete, this OF the city property. and in all
the additions the titles are unquestioned,
being based on mineral patents. Tn:
g~rea,e-t trouble has been Oh the Smoke.
Eon.- !. d =, on which there are 100 lots.
or ihese the ii les have been settled on al
but 40. and q Lumber Il leading ~citizenl
are arranging a pan for the p rmanen
settlement Of all remaining disputes. Or
the Thomas claim. which embraces u con
siderable area OF ths TOWNSHIP. only two
lots are in d spute, the titles to all Others
being clear. A Butte property ia lower j,
price, considering the population and pros
pects. than tn. property in any other town
for siecul ,tion, and the CHARGES are ir
invrr u a lively awakening bei>r" mnn,
m,r;: - The reporter then ca'ltd Z:
q - ~, 'l"y Ir whO ha. cOa|ucted srverh
cases "a: c,nutctiun with disputed TRIES
Ih,- gentleman cprrnborated I'll that wa
sa d by the real estate man. and ad1ef
that he believed the prices os real estate j.
Bl,te to bs. lower than in any other city q
his { .intance. He said the di.puted
titles we're rapidly being settled. aud tina,
except FIR those on the Smoker, use claim
there WAS very little danger OF n purchaser
running against any lot in dispute. and o!
course nobnl; need do +" as long AS tuer:
are are plenty Of clear titles TO be bought
These facts can he readily verified by anv.
enc who choose to investigate. It, In time
for every citizen oi Bate to AVA Ike to tne
fact that tne city il all right: that it has
for a foundation tire largest known deposit
Of pay ore-a veritable
MOUNTAIN OF MINERAL.
It is time also that parties building
should emulate the citizens ~
Helena in adopting modern styles
OF architecture. and otherwise givin.
some Indie .tion of their intention to stay
There are several examples o. this kin'
here. hut they should be general Every
eff TT should be made to quiet the titles tC
the remaining claims in dispute. and b.,
next spring tn flliOw ND the example o!
the holiday EDITION Of TUE MINER ami in'
a%ugarate Il boom in real estate hat vii
increase tire population by Thousands, ant
hrinO tho pri.sa i,N tn a,.tuol valn-a